According to recent data from Coinglass, the cryptocurrency market has witnessed significant capital movements within the last 24 hours. Bitcoin (BTC) led the net inflows with an impressive $38.92 million, signaling renewed investor confidence in the flagship digital asset. Stablecoins also attracted substantial inflows, with Tether (USDT) and USD Coin (USDC) recording $34.26 million and $2.96 million respectively, underscoring their continued role as liquidity anchors in volatile markets. Additionally, altcoins such as TAO and Stellar Lumens (XLM) saw net inflows of $3.39 million and $2.50 million, reflecting selective investor interest.
Conversely, Ethereum (ETH) experienced the largest net outflow at $39.72 million, indicating a possible short-term reallocation of capital. Other notable outflows included meme coins like PEPE and DOGE, with $15.93 million and $11.73 million respectively, alongside TRON (TRX) and AO, which saw withdrawals of $9.46 million and $8.56 million. These shifts highlight the dynamic nature of crypto asset flows amid evolving market conditions.
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Source: https://en.coinotag.com/breakingnews/btc-leads-cryptocurrency-spot-market-with-38-92-million-net-inflow-amidst-eth-outflows/